The Illinois company manufacturers a product that goes through three processing departments. Information relating to activity in the first department is during June given below:
Percentage completed:
Units materials conversion
Work in process, June 1, 150,0000 75% 55%
Work in process June 30 145,000 85% 75%
The department started 475,000 units into production during the month and transferred 480,000 completed units and costs.
Required: Compute the equivalnet units fo production for the first department for June assuming that the company yses the weighted-average method of accounting for units and costs. Show the format and formulas